XXLMag.com has learned that Common has signed to Warner Bros. Records.

A source close to the deal has confirmed with us that the Chicago rapper/actor will be releasing his next record on Warner. As of press time a release date is unknown.

Com's last album, 2008's Universal Mind Control was put out by Universal. Surprisingly, the Chicago-born MC dropped an EP on iTunes earlier this week along with a new group called Cocaine 80s (consisting of long time producer No. ID and other musicians).

Stay tuned to XXLMag.com as more information becomes available. —XXL Staff